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UNITED KINGDOM: Amended Legislation to Prevent Tax Avoidance Using Dual Contracts

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The U.K. Finance Bill 2014, published today, includes provisions aimed at preventing the avoidance of income tax by a small number of non-U.K. domiciled individuals who work under arrangements commonly known as “dual contracts,” as had been previously announced in the Autumn Statement 2013 and the 2014 Budget Statement. Why This Matters Although these so-called […]

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